Halliburton, Oil States Partner Up to Provide Deepwater Managed Pressure Drilling Solutions

(OE) Oilfield services players Halliburton and Oil States Industries have entered into a strategic collaboration that combines their technologies to provide deepwater managed pressure drilling (MPD) solutions. According to Halliburton, MPD provides operators with improved control when navigating narrow pressure windows compared to conventional drilling and the collaboration between Halliburton and Oil States will provide operators... Continue Reading →

November 6, 2023 0

With orders set to reach $173 billion, ‘robust’ demand in store for FPSO, FLNG and other floating production units

The rise in energy security concerns has reinvigorated the zest for more hydrocarbons, thus, the global oil and gas industry is turning to floating production systems to develop new projects. Bearing this in mind, a new report predicts a further boost in demand, with projected orders reaching up to $173 billion for as many as... Continue Reading →

November 6, 2023 0

Venezuela taps oilfield firms to boost output after sanction easing

(Reuters) - Venezuela's state-owned PDVSA is in talks with local and foreign oilfield firms to hire equipment and services that would allow it to revive depressed output, sources close to the meetings said, after the U.S. relaxed sanctions on the country. The U.S. Treasury Department in October authorized for six months the production and export of Venezuelan... Continue Reading →

November 6, 2023 0

First of a Kind Offshore Renewable Energy Hybrid Project Unveiled in China

(OE) The world's first offshore renewable energy project, combining floating wind power and deep-sea aquaculture, has been completed in China, Shanghai Electric Wind Power Group has informed. The project is developed by Longyuan Power Group, together with Shanghai Electric Wind Power Group (Wind Power Group), a subsidiary of Shanghai Electric, which provides the power generation... Continue Reading →

November 3, 2023 0

Light Structures to Provide Hull Monitoring Systems for Two Brazil-bound FPSOs

(OE) Light Structures, a supplier of fiber optic condition monitoring systems based on Fiber Bragg Grating (FBG) technology, has secured two contracts with China's YANTAI CIMC Raffles Offshore. Under the contracts, Light Structures will deliver SENSFIB hull stress monitoring systems for two Petrobras-commissioned Floating Production Storage & Offloading (FPSO) units. "Representing the most extensive SENSFIB... Continue Reading →

November 3, 2023 0

Two Massive Floating Wind Farms Planned to Power North Sea Oil Platforms

(OE) Flotation Energy and Vårgrønn, a joint venture between Plenitude (Eni) and HitecVision, have signed exclusivity agreements for two floating offshore wind developments with up to a total of 1.9 gigawatt (GW) capacity under Crown Estate Scotland’s Innovation and Targeted Oil and Gas (INTOG) leasing round. "When completed, the wind farms will provide renewable electricity... Continue Reading →

November 2, 2023 0

Fugro and Ocean Infinity complete work at 3.6 GW floating wind project in Scotland

(OET) A geotechnical survey campaign has been completed at the Ossian floating offshore wind farm site in Scotland. Set to be located across 858 square kilometers of seabed off the east coast of Scotland, the project is a joint venture between SSE Renewables, Marubeni, and Copenhagen Infrastructure Partners (CIP). The site’s seabed is around 72... Continue Reading →

November 2, 2023 0

Nine Valaris rigs snap up multi-million drilling gigs with oil & gas giants, pushing total backlog to $3.2 billion

(OET) Offshore drilling contractor Valaris has secured a plethora of new contracts and extensions for four floaters and five jack-ups in its rig fleet with TotalEnergies, Petrobras, ExxonMobil, Eni, BP, TAQA, and Perenco. These deals will enable the rig owner to carry out operations in Brazil, Angola, Mexico, Trinidad, Indonesia, the Netherlands, and the UK.... Continue Reading →

November 2, 2023 0

Deepwater production platforms go ‘green’

(OM) With the worldwide mandate for emissions reduction, operators are urgently looking for ways to ‘green’ their production platforms. A particular focus is being placed on new and upcoming FPSOs scheduled for deployment offshore Brazil. Some of the most promising paths toward that result include a re-examination of power generation technologies, and here operators are... Continue Reading →

November 2, 2023 0

Brazilian Offshore Uptick Could Tighten US OSV Fleet

(OE) Increased activity in the Brazilian offshore oil and gas sector could help strengthen the market recovery for offshore supply vessels (OSV) in the U.S. Gulf of Mexico. In early October, Brazilian state-owned oil company Petrobras issued requests for quotations (RFQ) for up to 20 OSVs ranging from 3,000 to over 4,500 deadweight tons to... Continue Reading →

November 1, 2023 0

Category: Suppliers

Halliburton, Oil States Partner Up to Provide Deepwater Managed Pressure Drilling Solutions

With orders set to reach $173 billion, ‘robust’ demand in store for FPSO, FLNG and other floating production units

Venezuela taps oilfield firms to boost output after sanction easing

First of a Kind Offshore Renewable Energy Hybrid Project Unveiled in China

Light Structures to Provide Hull Monitoring Systems for Two Brazil-bound FPSOs

Two Massive Floating Wind Farms Planned to Power North Sea Oil Platforms

Fugro and Ocean Infinity complete work at 3.6 GW floating wind project in Scotland

Nine Valaris rigs snap up multi-million drilling gigs with oil & gas giants, pushing total backlog to $3.2 billion

Deepwater production platforms go ‘green’

Brazilian Offshore Uptick Could Tighten US OSV Fleet

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